How to Buy Bitcoin and Crypto in Romania
What we Found
Now buying, selling, and trading Bitcoin and Cryptocurrency is easier than ever.
Romania’s cryptocurrency market is growing rapidly, and there are several ways to buy and trade Bitcoin and other cryptocurrencies in the country. Here are some ways to get started:
Cryptocurrency exchanges: Several cryptocurrency exchanges operate in Romania, including Binance, Bitstamp, and Kraken. These exchanges allow you to buy Bitcoin and other cryptocurrencies using fiat currencies, such as RON. To get started, create an account on the exchange of your choice and complete the necessary verification steps.
Peer-to-peer marketplaces: Peer-to-peer marketplaces, such as LocalBitcoins and Paxful, allow you to buy Bitcoin directly from other individuals in your area. This can be a good option if you prefer to buy Bitcoin in person and avoid the fees associated with exchanges.
Bitcoin ATMs: There are several Bitcoin ATMs located in Romania, particularly in major cities like Bucharest and Cluj-Napoca. These machines allow you to buy Bitcoin using cash.
When buying and trading cryptocurrencies, it’s important to keep in mind the risks associated with investing in these assets. Cryptocurrencies are known for their volatility, and prices can fluctuate rapidly. It’s also important to store your cryptocurrencies in a secure wallet, such as a hardware wallet, to protect against theft or loss.
In terms of trading cryptocurrencies, there are several strategies you can use, including day trading, swing trading, and long-term investing. It’s important to do your research and develop a trading strategy that fits your investment goals and risk tolerance. There are many resources available online, including forums, blogs, and online courses, that can help you learn more about cryptocurrency trading.
When buying and trading cryptocurrencies in Romania, it’s important to be aware of the country’s regulations on cryptocurrency transactions and taxation. It’s recommended to consult with a financial advisor or tax professional before investing in cryptocurrencies.
Most popular crypto exchanges
Buy Bitcoin and Crypto through Coinbase
- Coinbase is a convenient and cheap way to buy Ethereum and the platform is open to 200+ countries). Coinbase will sell you CRO for a variable fee that depends on your payment method (credit cards have a higher fee than wire transfers), order size and market volatility. Here’s how you buy Ethereum on Coinbase: Open a Coinbase account Add your payment method (Credit card or bank account) Go to “Buy/Sell” and select the amount of Ethereum you desire Click “Buy Cronos”
Buy Bitcoin and Crypto through Crypto.com
- Crypto.com is a cryptocurrency exchange company based in Singapore. As of May 2022, the company reportedly had 50 million customers and 4,000 employees. The exchange issues a token, Cronos.The company was initially founded in Hong Kong by Bobby Bao, Gary Or, Kris Marszalek, and Rafael Melo in 2016 as “Monaco”. In 2018, the company was renamed as
Buy Bitcoin and Crypto through MEXC
- Founded in 2018, MEXC Global is known as the exchange of high performance and mega transaction matching technology. The team at MEXC Global are some of the first movers and pioneers of financial and blockchain technology. Currently, MEXC Global caters to 10 M+ users in more than 170 countries around the world and we have just started.
Buy Bitcoin and Crypto through Kucoin
- Kucoin is a global cryptocurrency exchange for numerous digital assets and cryptocurrencies. Launched in September 2017, KuCoin has grown into one of the most popular crypto exchanges and already has over 8 million registered users from 700+ countries and regions. According to Alexa traffic ranking, KuCoin’s monthly unique ranking is in the top 5 globally. Known as the “People’s Exchange”, KuCoin operates in Seychelles, providing users with multi-language and 24/7 customer service. Meanwhile, KuCoin has established local communities all over the world in South Korea, Japan, Spain, Italy, Vietnam, Turkey, Russia, India, and other regions, providing users with the most local services. Currently, 1 out of every 4 crypto holders in the world is with KuCoin.
Buy Bitcoin and Crypto through Bitfinex
- Bitfinex is a cryptocurrency exchange owned and operated by iFinex Inc registered in the British Virgin Islands.Their customers’ money has been stolen or lost in several incidents, and they have been unable to secure normal banking relationships.Bitfinex was founded in December 2012 as a peer-to-peer Bitcoin exchange, offering digital asset trading services to users around the world. Bitfinex initially started as a P2P margin lending platform for Bitcoin and later added support for more cryptocurrencies.